Author: Poor Learn Rich

穷小子’s 2017 mid-year accomplishment

We are in the mid of 2017. Many things had happened during the past 6 months, especially with the interest rate hike last month. What 穷小子 had accomplished? Financial’s achievement AGM Attended quite a few of AGMs this year. Fraser Centrepoint Trust, CapitaComm Trust, and OCBC. Learned quite a few insights from the management of each company. If not due to overseas and other commitments, 穷小子 may have attended more. Anyway there will always be next year. Investment Not much of purchase in 2017. Banks and REITs are “expensive” for now, REITs price doesn’t drop much despite of the interest...

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April’s Portfolio update

Finally we are at the last day of April 2017. As most of the companies had their Annual report out and AGM done, it is time for 穷小子, to update his portfolio. Don’t have any much significant changes to his portfolio to date, except for the small purchase of Singtel and Starhub. Main reason to scoop this small portion is due to the recent sell down after the TPG’s Australia news and average down, on Singtel and Starhub respectively. Year 2017 Total dividends: S$2547.18 Average dividends per month: S$509.43 Average dividends per day: S$16.87 Banks 28.37% Telecommunications 31.98% REITs...

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OCBC 80th Annual General Meeting

穷小子 not intending to blog about this initially, but there is something he must share. Attended the AGM yesterday, and OCBC’s CEO shook hands with 穷小子. Wahaha!! Not that 穷小子 is some kind of VIP, but the shaking of hands is because Mr Tsien is courtesy and polite, and greeted us with a Good Afternoon. Is a simple gesture, but is the effort which he had made counts. Feels so appreciated when he says Good Afternoon and Thanks us for coming. He don’t have to do so, but he did. Applause!! He walked from the front row and to...

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Happy First Birthday, Poorlearnrich

Happy First Birthday, 穷小子!! There is no birth date for 穷小子 literally of course, but it will be his first anniversary since his first post. Times flies, while still remembering from how much he had learned along the way for the past year. It has been a while since the last post, and just saw that Poorlearnrich is moving towards 50k views. Thanks for all the supports.. ^^ Pardon for no much significant posts for these past few months, perhaps there may be nothing much to talk (complains) about when Mr Market is in good mood. Market is still not...

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February’s Portfolio update

We had ended the first two months of 2017, let’s see how 穷小子’s portfolio performed. 穷小子 has not done anything to his portfolio in 2017 yet. – Prices are not high enough to sell – Prices are not low enough to buy – More importantly is, 穷小子’s pocket is still empty. Still building his warchest. 穷小子’s portfolio update: For the period of these first two months, 穷小子 will be receiving a total of S$812.82 of dividends. Slightly more than half of it is much contributed by the newly purchased REITs, feels that these are good purchases so far. Watchlist Looking...

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First big spending in 2017

If you had read about 穷小子’s style, you would have known that he does not like to have huge spending. Furthermore, he paid them on the spot this time without any much delay. So what did he had bought exactly? A trip to Turkey, with Air Tickets, Hotels and taxes all in, excluding the tipping and optional. That’s right. 穷小子 loves to travel. When was the last time when he spent thousands? Hmm. Think that would be another travel trip, a free and easy to Japan in 2015. He made the payment on the spot at the travel fair...

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Starhub FY 2016 Financial Results

Starhub FY 2016 results was released last evening. Disappointed results indeed, and seems worse than M1. This shall be a short post with no fancy charts or iconic pictures. 穷小子 had no mood to elaborate further but will not sugar-coat the results. If you had followed 穷小子 throughout, you must have known that 穷小子 had bought the telcos at early 2015, which is around the all time high and is one of the bad moves. Mainly due to the greed on the attractive dividends yield at that time, and no patience. 穷小子 is not trying to bad-mouth the company...

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CapitaLand Commercial Trust (CCT) FY 2016 Financial Results

CCT released their FY 2016 Financial Results this morning. Seems a strong results for 2016 overall per se. 穷小子 shall touch on some of the key factors. CapitaGreen’s contributions is 100% with effect from 01 Sep 2016 Starting off with the much anticipated on CapitaGreen contributions injections to the portfolio. Note that its contributions is 100% only from 01 Sep 2016 onwards, so expecting the 11% to grow continuously for its full contributions in FY 2017. This will be a good news for investors, and if remember correctly, CapitaGreen was funded internally by CCT, with no rights issued that time. Portfolio...

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What a good start for 2017!!

What a good start for 2017!! STI from 2880.76 on the last day of 2016 to 2962.63 on the end of first week, that’s almost a 100 points, roughly 2.84% increased, for a short 4 days. Can we see a STI 3000 by month end? 穷小子 shared about his Christmas Shopping previously, so how have they performed? Capital Gains Those REITs which bought on the last month of 2016, grew from a low of negative 2.54% to positive 2.68% averagely. Seems like a strong comeback of 5.22% within 2 weeks. Hmm. But REITs are meant for long-term anyway. Hehe~~ Dividend Yield...

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穷小子 Year 2016 accomplishments

2016 is coming to the end with few days remaining. What an eventful year with the continuation of Oil Crisis, Brexit, Trump’s presidency, Italy referendum and Interest rate hikes. What 穷小子 had accomplished? Financial’s achievement Savings Manged to save about 44% of his salary after all the insurances and household allowance deductions. Target to save 50% for 2017. Not sure if this can be done, but since if 穷小子 can’t save more, why not try to earn more to bring up the ratio. With the 44% of savings this year, he managed to build back the “emergency funds” which...

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Christmas Shopping

穷小子 is having his festive seasons shopping for the past few weeks. Shopping for gifts for friends, families, and self. Mainly being to Raffles City, Bugis, Vivocity, Waterway Point, Suntec. Managed to get a perfect gift for everyone, and with much shopping malls rewards points accumulations as well as credit cards rebates. Most importantly, 穷小子 had bought most of the REITS from his watchlists too. Yay! Interest rate hikes was over for this year, but do anticipate to have three rate hikes in 2017 with Fed’s projection. CapitaLand Mall Trust CapitaLand has always been one of 穷小子’s favourite shopping organisations. CapitaLand...

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Combo Banks Sold!!

穷小子 had sold some of his banks shares last week after combo Reits purchased earlier. Not all, but sold about 1/3 of DBS and 1/3 of OCBC from the overall portfolio. This move is to re-balance his portfolio, 穷小子 still have confident in our local banks for long term. Moreover, last week is also seems to be a good opportunity to cash out to build up the warchest, after some good run on these 2 banks for the past recent days. After these sell off, OCBC is still holding up a majority of the portfolio at about 30% and...

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Combo Reits Purchased!!

Been looking for a chance to get some REIT into 穷小子’s portfolio, and patience has been rewarded finally. The current price may not be the lowest yet, but is a good opportunity to have a small position first. If rates hike, second purchase opportunity shall come into play. Suntec Reit Manage to get a comfortable 6.43% yield from yesterday. Furthermore the price dropped from 1 month high at $1.75 to a close at $1.59 yesterday. That is a almost a 10% drop in a month. Is this a great bargain or a trap? Only time will tell. Aim AMP Capital...

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Trump Presidency.. What next?

穷小子 must admit this, was expecting a close fight, but didn’t expect and don’t wish Trump to win the campaign. After today, guess that everyone should have know by now that any thing can happened in this world. First half of the year is Brexit, and second half is Trump. On a side note, 穷小子 vote goes to Brexit. What next? 穷小子’s guess would be America will grow stronger as promised. Mr Trump has pledged to tear up or renegotiate international trade agreements. He is going to bring the jobs back to America. The new agreements may bias towards the...

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Small buy position for M1

Despite M1 having a bad Third Quarter results, 穷小子 bought M1 with a small position. Yes, 穷小子 did mentioned that he will not touch unless M1 hits $2 or after fourth telco announcements. But.. But.. It is too irresistible for not having a small bite to average down the overall price. Based on few points below. Based on today closing price, it gives a return yield of 7.42%. Assuming if the profits drops by 20%, and provided if the payout policy doesn’t change, the yield will be somewhere around 5.9% . Still acceptable. Temasek Holdings had deemed 550K of shares at...

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